ISLAMABAD – Minister of State for Revenue Hamad Azhar says the governmentis taking steps to boost exports sector and enhance foreign remittances toget rid of debt dependency.
Responding to questions during question hour in the Senate today, he saiddepreciation of Pakistani rupees against US dollar alongwith the increasedpolicy rate and other administrative measures would help reduce imbalancesin country’s external accounts.
He said the government has taken administrative measures to import volumeand increase exports of the country.
A written reply on behalf of Minister for Industries and Production, saidthe government is working on comprehensive plan for revamping and upliftingthe Utility Stores Corporation to ensure its efficiency and transparency.
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It said there is no proposal under consideration to privatize UtilityStores Corporation.
